Select the account you'd like to open


Friday night chart - GBPUSD

This trend line has been a reliable point of control for sterling; acting as support and resistance since April

Yesterday’s candle peaked on cue, making another high at trend line resistance.

From here, a move below yesterday’s low around 1.305 would leave a trend peak.  Daily candles would be making lower highs and lower lows, suggesting another decline is on the cards. 

Sign up for market update emails